B

Baroness Bennett of Manor Castle (GP)

Speaking in the House of Lords on 14 September 2026

Debate

International Financial Fraud

Contribution

My Lords, the Minister may have seen the RUSI paper published in July by Veronica Stratford-Tuke on the UK’s efforts on anti-money laundering, counterterrorism financing and the risks. It says: “The UK does not appear to have appropriate mechanisms to work through trade-offs between its financial crime risks and competing political objectives”. Will the noble Baroness acknowledge that that is a problem and see that there is a problem in the Financial Services and Markets Bill, given that it is a Bill to deregulate the financial sector and aim to grow it?

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